The Samish neighborhood Market Statistics for the month of December shows the active, pending & sold homes in the Samish area of Bellingham Real Estate Market. Whether you are wishing to sell or invest in a house this month, the provided information below will help you in making the right decision.

Samish Neighborhood Residential Statistics

December

Active Listings

14

Pending Sales

3

Homes sold in the last 30 days

2

Absorption Rate

7 Months

Activity Index

4.6 Months

Average SP % LP

97.8%

In the Samish Neighborhood, 14 homes are for sale, 3 homes are on pending (under contract with mutual acceptance b/t buyer & seller) & 2 homes sold during the month of December '09.

Here's a breakdown of the activity in the SamishNeighborhood for the past month.

Included in this report is the Samishneighborhood distressed properties. More likely than not these properties has an impact on the prices in the neighborhood. If a given neighborhood has 5 distressed properties out of 6 sales, you canpretty muchguaranteethat the sales pricesare going to be lower than in a non-distressed transaction& thus, have a declining effect on the neighborhood market, as well as, over all the Bellingham real estate market.

*Below are charts showing changes in median price & number of homes in the Samish Neighborhood in the last 18 months.*

Median Price

The Chart below compares the historic median price of sold and active inventory in the Samish neighborhood.

Neighborhood Inventory

Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Samish neighborhood.

As a Bellingham Realtor specializing in Bellingham Bank owned properties and Short Sales, Tara is familiar with the nuances of these transactions. By buying right in this market, buyers can gain a better return on their money. Tara can help you analyze properties based on your goals and exit strategy. As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Whatever you need/goals in today's market, find a good agent to help, educate, & empower you.